28.05.2008 20:01:00
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Open Solutions Further Expands International Presence with Senior Solution Partnership
Open Solutions Inc.®,
a leading provider of integrated enabling technologies for financial
services providers across the United States, Canada and internationally,
announced an international reseller partnership agreement with Senior
Solution, a leading Brazilian software and services provider for the
financial market.
Through this partnership, Senior Solution will offer all Open Solutions’
products and services, including The Complete Banking Solution®:
DNA/The Complete Credit Union Solution®:
DNA, to its retail banking client base within the Latin American
financial services marketplace. The platform seamlessly integrates with
Senior Solution’s wholesale banking system for
treasury, brokerage and insurance markets.
"Historically, Brazilian banks had extremely
fragmented software environments,” said
Aurimar (Harry) Cerqueira, commercial director for Senior Solution. "For
core processing, there are as many as 50 separate products from numerous
vendors. By offering an integrated universal core from a single vendor
like Open Solutions, our financial institution clients will benefit from
reduced support costs as well as consolidated data. By partnering with
Open Solutions, we will provide just that.”
Open Solutions continues to expand its international presence through
strategic reseller agreements. In early 2008, the company announced a
partnership with Hildebrando, a leading Mexican IT corporation with a
strong presence in Spain that provides software development, systems
integration, business intelligence and outsourcing services. Open
Solutions formed several strategic partnerships throughout 2007,
including: Thailand Equipment Research Co. Ltd. (TER); Asian-based
Solution Corner (SLC); Canadian-based Celero; Asian-based CSII;
Asian-based Thien Nam Information Technology; India-based R Systems Inc.
Open Solutions Senior Vice President of International Operations Wayne
Ginn, said, "The international marketplace is
tremendously important to us. As we continue with our market development
within Latin America and expand our overall global efforts, we are
pleased to partner with Senior Solution.” "Open Solutions’
partnership with Senior Solution exemplifies our commitment to the Latin
American regions,” said Open Solutions
Chairman and CEO Louis Hernandez, Jr. "Our
agreement with Senior Solution provider will serve to further expand our
existing international reach while also providing the Latin American
market with a more sophisticated open architecture platform option. This
additional partnership complements our recently announced partnership
with Hildebrando, an IT provider with significant presence in Mexico,
Central America and Spain. Our goal is to partner with exceptional
organizations throughout the world to deliver innovative technology
solutions and to provide an even wider client base with the necessary
tools to help them achieve their business goals, provide the best in
service and compete in an ever changing global economy.” About Open Solutions
Open Solutions Inc. offers a fully featured strategic information
management product platform that integrates core data processing
applications built on a single centralized Oracle relational database,
with Internet banking, cash management, CRM/business intelligence,
financial accounting and management tools, profitability tools, wealth
management, imaging, digital documents, interactive voice response,
network services, HSAs, payments and loan origination solutions. Open
Solutions’ full suite of products and
services allows banks, thrifts, credit unions and financial services
providers across the world to better compete in today’s
aggressive financial services marketplace, and expand and tap their
trusted financial relationships, client affinity, community presence and
personalized service.
For more information about Open Solutions or its financial product line,
contact Mickey Goldwasser by email at mgoldwasser@opensolutions.com
or by phone at 860.652.3153 or via fax at 860.652.3156. Visit Open
Solutions’ Internet site at www.opensolutions.com.
Open Solutions Inc. is a registered trademark of Open Solutions Inc. All
other company and product names may be trademarks of their respective
owners. Copyright 2008. Open Solutions Inc. All rights reserved.
Editor’s Note: The correct usage of
the company name, Open Solutions Inc., is either referring to it as Open
Solutions Inc. or Open Solutions. Open Solutions no longer uses the
acronym of OSI to refer to the company.
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